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Buyer Consortium Led by Recco Control Technology and Dazheng Group Increases Its Offer to Acquire Hollysys to US$26.50 Per Share

Offer now represents a 42% premium to Hollysys' undisturbed closing share price on August 23, 2023 and a 28.6% premium to Hollysys' closing share price on November 3, 2023 Further shareholder support for calling of